Sentences with phrase «fuel retailers»

Whether the economy goes up or down, the state continues to get larger, adding a continuous stream of new customers to fuel retail expansion.
The Council's comments come amid long - standing concerns about the level of competition in fuel retailing in Hong Kong.
BP remains optimistic the ACCC will eventually clear the deal, which will make the British - based energy company the largest fuel retailer in Australia.
after the company completed the acquisition of Statoil Fuel & Retail ASA, a Scandinavian convenience store and motor fuel retailer.
Statoil Fuel & Retail is the top Scandinavian convenience and fuel retailer with about 2,300 full - service or automated stations.
The prices at petrol pumps of state - owned fuel retailers like Indian Oil Corp (IOC) were cut by 1 - 3 paisa every day in the first fortnight of December 2017 before Gujarat went to polls.
The obstacle for the acquisition has emerged as the ACCC has started examining a much larger deal, BP's proposed $ 1.8 billion takeover of Woolworths» fuel retail network, a transaction that is expected to involve significant competition issues.
Caltex Australia has moved into Asia for the first time, buying a 20 per cent stake in an independent fuels retailer in the fast - growing Philippines market.
Motoring organisation accuses Treasury and fuel retailers of «plundering drivers» pockets» as average price rises almost 2p a litre
-- Canada's largest convenience store chain has offered to purchase Scandinavian convenience and fuel retailer Statoil Fuel and Retail for $ 2.8 billion.
However, the ACCC fears the deal may reduce the intensity of competition between remaining fuel retailers, enabling them to more effectively co-ordinate price rises.
Mr Rogut said Woolworths — the first supermarket chain to move into fuel retailing — had underinvested in its fuel and convenience stores, which were in need of an overhaul.
Too bad that EU (and Japan) with high fuel retail price, did not do that 10 or 20 years ago, instead of going to diesel.
To be sure, the National Association for Convenience & Fuel Retailing claims the risk at the pump has been exaggerated and that skimming is more prevalent in situations where customers don't see their card getting swiped (such as restaurants).
Businesses signed up to provide generation, including automotive fuel retailers and mobile phone companies, which came up with novel plans that bundled electricity together with their contracted services or products.
At tomorrow's hearing on S. 517, the Consumer and Fuel Retailer Choice Act, senators should find a lasting solution to the broken Renewable Fuel Standard instead of spending time on E15 legislation that does not fix the problem or help consumers.
Since large fueling retailer chains are easier to survey due to their visibility, the resampling is weighted toward smaller retailers as it is assumed they are the primary non-responders to this report.
Represented national fuel retailer in multi-district putative class action alleging consumer protection violations in connection with the sale of motor fuel at retail.
The affirmation and CreditWatch removal follow the company's completion of the acquisition of Statoil Fuel & Retail ASA, a Scandinavian convenience store and motor fuel retailer.
The proposed acquisition, which was signed in late December 2016 and is due to be completed in January 2018, would make the British - based energy company the largest fuel retailer and wholesaler in Australia, with about 27 per cent of all sites.
Similar to India, this means Indonesian consumers have only been partially slugged the increase in the price of crude oil, meaning the state - owned fuel retailer has been absorbing the difference via shrinking profit margins.
Caltex has been in talks with BP, which is expected to sell petrol stations to help win approval for its $ 1.8 billion takeover of Woolworths» fuel retail network, the deal that has put at risk its own supply arrangements with the supermarket owner.
We believe the Statoil acquisition strengthens the company's business risk profile by adding an established, profitable c - store and fuel retailer with a strong market share of more than 30 % in the mature markets of Sweden, Norway, and Denmark with good growth prospects in riskier, more fragmented Eastern Europe.
(ACT) after the company completed the acquisition of Statoil Fuel & Retail ASA, a Scandinavian convenience store and motor fuel retailer.
Before joining Family Dollar, from 2008 to 2012, Ms. Winston served as Senior Vice President and Chief Financial Officer for Giant Eagle, Inc., a regional grocery and fuel retailer.
At the October trade show for NACS, the association for Advancing Convenience and Fuel Retailing, Hershey showed plenty of ideas for traditional displays, such as putting larger king - size bars next to standard bars.
He is past chair of the BP Amoco Marketers Association, past president of the Indiana Petroleum Marketers and Convenience Store Association and former chairman of the Association for Convenience and Fueling Retail (NACS).
The fuels retailer, which is struggling to replace a $ 150 million earnings gap arising from the looming loss of a major supply contract with Woolworths, also announced a revamp of its operational structure that will make further cost savings and could point to a spin - off or demerger down the track.
The proposed acquisition, which was signed in late December 2016 and was due to be completed in January 2018, would make the British - based energy company the largest fuel retailer and wholesaler in Australia, increasing the number of BP - supplied sites by about 530 to more than 1930.
He had said early on that government will foot the medical bills of the injured persons, as efforts are being made to introduce a policy that will sanitize the fuel retail sector to avoid such explosions.
Fueling and charging infrastructure: Obviously, any drop in demand for gas is likely to impact those in the fuel retail business.
The Yegin Ciftci Attorney Partnership has advised Turkiye Is Bankasi (Isbank) and Turkiye Sinai Kalkinma Bankasi (TSKB), Turkey's first privately - owned development and investment bank, on financing provided to Turkuaz Petrol Urunleri A.S. for its acquisition of TP Petrol Dagitim, the fuel retailing branch of Turkiye Petrolleri, Turkey's state - owned oil and gas firm.
mandate provision of electric vehicle infrastructure at motorway service areas and large fuel retailers
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